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Replacing PMEFX

MrRufflesMrRuffles
edited October 6 in Fund Discussions
As noted in this month’s issue, PMEFX is shutting down next month. M* labels it a Moderately Conservative Allocation fund while Lipper labels it a Mixed-Asset Target Allocation Growth.

As @DavidSnowball noted in the May 2024 issue (as prodded by @shipwreckedandalone), it was, at the time, outperforming the Lipper averages for conservative and moderate allocation funds as well as VWINX.

I’ve been a fan of the managers’ approach since they managed the old Berwyn Income fund and am now looking for something with similar risk-adjusted performance and downside protection to fill that slot in my portfolio.

Comments

  • larryB
    Among car guys an old saw is M.I.A.T,A. Or Miata is always the answer. More and more I am finding PRPFX is the answer as long as income doesn’t matter. For a minimal equity allocation, the returns are cool and it offers a great mix of assets.
  • JD_co
    edited October 6
    PMAIX / PMFYX - 35% Equities, 50% Bonds another 5% Converitibles and 5% Preferreds. Its a global moderate allocation fund.

    In 2018, it lost -6%...it's only down year in the past decade (2022 was a wash).
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